I would think that in March when I said that “if the daily market action could spoil your day, your commitments are too great”, you would to have had to consider that a “+” not a “-“.

Response (7/13/08):

Your more specific observation that “the market is in a downtrend” coincides with the early part of an approximate 10% advance in the S&P 500 index during March-May, as depicted in the chart. The additional comment, while vague, gives context that might help a reader understand your negative outlook.